Mark F. Murray - 04 May 2022 Form 4 Insider Report for JONES SODA CO (JSDA)

Role
Chief Executive Officer, Director
Signature
/s/ Joe Culp, Attorney-in-Fact for Mark F. Murray
Issuer symbol
JSDA
Transactions as of
04 May 2022
Net transactions value
$0
Form type
4
Filing time
19 May 2022, 17:10:21 UTC
Previous filing
03 Mar 2022
Next filing
02 Jun 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JSDA Stock Option (Right to Buy) Award $0 +100,000 $0.000000 100,000 04 May 2022 Common Stock 100,000 $0.5900 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were originally granted on May 18, 2021, the vesting of which was contingent on the Issuer meeting or exceeding certain revenue and EBITDA targets for 2021.
F2 The options vested immediately upon the determination by the Issuer's board of directors on May 4, 2022 that certain financial results were achieved during the year ended December 31, 2021.